Cabral Gold (CVE:CBR) Shares Up 2% – Here’s What Happened

Shares of Cabral Gold Inc. (CVE:CBRGet Free Report) shot up 2% during mid-day trading on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. 8,000 shares were traded during trading, a decline of 94% from the average session volume of 139,167 shares. The stock had previously closed at C$0.25.

Cabral Gold Price Performance

The firm has a market capitalization of C$48.96 million, a P/E ratio of 28.50 and a beta of 2.52. The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18. The firm has a 50 day moving average price of C$0.26 and a 200-day moving average price of C$0.27.

Cabral Gold Company Profile

(Get Free Report)

Cabral Gold Inc operates as a mineral exploration and development company with primary focus on gold properties in Brazil. Its flagship holds 100% interests in the Cuiú Cuiú gold project located in the state of Para in northern Brazil. Cabral Gold Inc was formerly known as San Angelo Oil Limited. The company is based in Vancouver, Canada.

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